BURLINGTON, Vt. (WCAX) - Homeowners in Burlington could be getting a break on their taxes. The Burlington city council is considering sending tax reform to your town meeting day ballots.

It’s a charter change, so the state legislature would have to approve it too.

The proposed amendment would subtract $30,000-$50,000 from the assessed value of a home. The home would then be taxed at a rate set by the city council, adjusted annually based on inflation. Other property owners would pay higher taxes to make up the difference.

The tax fairness working group’s calculations estimate the proposed amendment would save the median Burlington homeowner occupant at least $112. They say they’re proposing this change to address overvalued lower-priced homes.

“This proposal benefits people who have lo

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